BP shareholders vote for greater climate disclosure, strike down emissions targets proposal

BP’s shareholders have voted in favor of Climate Action 100+ shareholder resolution on climate change disclosures, but have rejected Follow This shareholder resolution on emission targets.

To remind, BP itself said in February it would support the resolution for to broaden its corporate reporting to describe how its strategy was consistent with the goals of the Paris Agreement, as proposed Climate Action 100+, a group representing more than 300 investors with over $32 trillion in assets under management, including some of BP’s largest investors.

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